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    In Hollywood, the Strikes Are Just Part of the Problem

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    The entertainment industry is trying to figure out the economics of streaming. It’s also facing angst over a tech-powered future and fighting to stay culturally dominant.Existential hand-wringing has always been part of Hollywood’s personality. But the crisis in which the entertainment capital now finds itself is different.Instead of one unwelcome disruption to face — the VCR boom of the 1980s, for instance — or even overlapping ones (streaming, the pandemic), the movie and television business is being buffeted on a dizzying number of fronts. And no one seems to have any solutions.On Friday, roughly 160,000 unionized actors went on strike for the first time in 43 years, saying they were fed up with exorbitant pay for entertainment moguls and worried about not receiving a fair share of the spoils of a streaming-dominated future. They joined 11,500 already striking screenwriters, who walked out in May over similar concerns, including the threat of artificial intelligence. Actors and writers had not been on strike at the same time since 1960.“The industry that we once knew — when I did ‘The Nanny’ — everybody was part of the gravy train,” Fran Drescher, the former sitcom star and the president of the actors’ union, said while announcing the walkout. “Now it’s a walled-in vacuum.”At the same time, Hollywood’s two traditional businesses, the box office and television channels, are both badly broken.This was the year when moviegoing was finally supposed to bounce back from the pandemic, which closed many theaters for months on end. At last, cinemas would reclaim a position of cultural urgency.But ticket sales in the United States and Canada for the year to date (about $4.9 billion) are down 21 percent from the same period in 2019, according to Comscore, which compiles box office data. Blips of hope, including strong sales for “Spider-Man: Across the Spider-Verse,” have been blotted out by disappointing results for expensive films like “Indiana Jones and the Dial of Destiny,” “Elemental,” “The Flash,” “Shazam! Fury of the Gods” and, to a lesser extent, “The Little Mermaid” and “Fast X.”The number of movie tickets sold globally may reach 7.2 billion in 2027, according to a recent report from the accounting firm PwC. Attendance totaled 7.9 billion in 2019.It’s a slowly dying business, but it’s at least better than a quickly dying one. Fewer than 50 million homes will pay for cable or satellite television by 2027, down from 64 million today and 100 million seven years ago, according to PwC. When it comes to traditional television, “the world has forever changed for the worse,” Michael Nathanson, an analyst at SVB MoffettNathanson, wrote in a note to clients on Thursday.Disney, NBCUniversal, Paramount Global and WarnerBros. Discovery have relied for decades on television channels for fat profit growth. The end of that era has resulted in stock-price malaise. Disney shares have fallen 55 percent from their peak in March 2021. Paramount Global, which owns channels like MTV and CBS, has experienced an 83 percent decline over the same period.On Thursday, Robert A. Iger, Disney’s chief executive, put the sale of the company’s “noncore” channels, including ABC and FX, on the table. He called the decline in traditional television “a reality we have to come to grips with.”In other words, it’s over.The latest installment of “Mission: Impossible” is opening this week and could be a rare bright spot at the box office.Mark Abramson for The New York TimesAnd then there is streaming. For a time, Wall Street was mesmerized by the subscriber-siphoning potential of services like Disney+, Max, Hulu, Paramount+ and Peacock, so the big Hollywood companies poured money into building online viewing platforms. Netflix was conquering the world. Amazon had arrived in Hollywood determined to make inroads, as had the ultra-deep-pocketed Apple. If the older entertainment companies wanted to remain competitive — not to mention relevant — there was only one direction to run.“You now have, really in control, tech companies who haven’t a care or clue, so to speak, about the entertainment business — it’s not a pejorative, it’s just the reality,” Barry Diller, the media veteran, said by phone this past week, referring to Amazon and Apple.“For each of these companies,” he added, “their minor business, not their major business, is entertainment. And yet, because of their size and influence, their minor interests are paramount in making any decisions about the future.”A little over a year ago, Netflix reported a subscriber loss for the first time in a decade, and Wall Street’s interest swiveled. Forget subscribers. Now we care about profits — at least when it comes to the old-line companies, because their traditional businesses (box office and channels) are in trouble.To make services like Disney+, Paramount+ and Max (formerly HBO Max) profitable, their parent companies have slashed billions of dollars in costs and eliminated more than 10,000 jobs. Studio executives also put the brakes on ordering new television series last year to rein in costs.WarnerBros. Discovery has said its streaming business, anchored by Max, will be profitable in 2023. Disney has promised profitability by September 2024, while Paramount had not forecast a date, except to say peak losses will occur this year, according to Rich Greenfield, a founder of the LightShed Partners research firm.Giving in to union demands, which would threaten streaming profitability anew, is not something the companies will do without a fight.“In the short term, there will be pain,” said Tara Kole, a founding partner of JSSK, an entertainment law firm that counts Emma Stone, Adam McKay and Halle Berry as clients. “A lot of pain.”Every indication points to a long and destructive standoff. Agents who have worked in show business for 40 years said the anger surging through Hollywood exceeded anything they had ever seen.“Straight out of ‘Les Miz’” was how one longtime executive described the high-drama, us-against-them mood in a text to a reporter. Photos circulating online from this past week’s Allen & Company Sun Valley media conference, the annual “billionaires’ summer camp” attended by Hollywood’s haves, inflamed the situation.On a Paramount Pictures picket line on Friday, Ms. Drescher attacked Mr. Iger, something few people in Hollywood would dare to do without the cloak of anonymity. She criticized his pay package (his performance-based contract allows for up to $27 million annually, including stock awards, which is middle of the road for entertainment chief executives) and likened him and other Hollywood moguls to “land barons of a medieval time.”“It’s so obvious that he has no clue as to what is really happening on the ground,” she added. Mr. Iger had told CNBC on Thursday that the demands by the two unions were “just not realistic.”In the coming weeks, studios will probably cancel lucrative long-term deals with writers (and some actor-producers) by virtue of the force majeure clause in their contracts, which kick in on the 60th or 90th day of a strike, depending on how the agreements are structured. The force majeure clause states that when unforeseeable circumstances prevent someone from fulfilling a contract, the studios can cancel the deal without paying a penalty.Eventually, contracts with the Writers Guild of America and SAG-AFTRA, as the actors’ union is known, will be hammered out.The deeper business challenges will remain.Nicole Sperling More

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      Little Island Unveils Free Monthlong Festival With Over 450 Artists

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      The festival, which runs from Aug. 11 to Sept. 5, features a flurry of music, dance, and comedy performances from both established and emerging artists.Little Island was dreamed up as a haven for the performing arts on the Hudson River, and in its first months, it is also being put forward as a playground for artists who have been kept from the stage for far too long.The operators of the island announced on Tuesday that it would host a free monthlong arts festival starting in mid-August that would feature more than 450 artists in more than 160 performances.There will be dance, including works curated by Misty Copeland, Robert Garland and Georgina Pazcoguin. There will be music, including the pianists Jenny Lin and Adam Tendler, the composer Tyshawn Sorey and the saxophonist Lakecia Benjamin and her band. And there will be live comedy, with television stars like Ziwe and Bowen Yang in the lineup.The festival — which is being produced by Mikki Shepard, formerly the executive producer of the Apollo Theater — is another major effort by New York’s performing arts community to revive the arts after the pandemic darkened theaters and concert halls for over a year. For the performers, it is an opportunity to get paid to create new work and explore where their art is heading after months of pandemic restrictions, and in the wake of racial justice protests that swept the country.“We wanted artists to have a voice in terms of, where are they now?” Shepard said. “Coming out of this pandemic, where do they want to be?”By offering free performances, the festival’s objective is to host an audience that combines typical arts patrons with people who might not normally buy tickets to see live music or dance. The performances in Little Island’s 687-seat amphitheater will be ticketed, but shows located elsewhere on the island will not be, allowing tourists and other park visitors to stumble upon them as they’re walking around the 2.4-acre space.“Nothing about it is refined,” said George C. Wolfe, a senior adviser working on the festival, which is called NYC Free. “It’s to give people a place to play.”Copeland and Garland are co-curating a performance on Aug. 18 that features eight Black ballet dancers from three major companies: American Ballet Theater, New York City Ballet and the Dance Theater of Harlem, where Garland is resident choreographer. During the performance, Copeland will read aloud from American history texts on top of hip-hop, soul and funk music.Other dance performances include Ballet Hispánico performing an evening of new works by Latina choreographers on Aug. 18, an evening of dance curated by the choreographer Ronald K. Brown on Aug. 25 and a performance by the tap dancer Dormeshia on Sept. 1.As for music, the first day of the festival on Aug. 11 will feature John Cage’s work “4’33”” — in which the score instructs that no instruments be played. It will be performed by students of the Third Street Music School Settlement, led by Tendler. Other musicians include the jazz duo Cécile McLorin Salvant and Sullivan Fortner; Flor de Toloache, an all-women mariachi band; and Ali Stroker, the Tony-winning “Oklahoma!” performer, who will sing and tell stories onstage. The final night of the festival includes an all-women jazz performance, curated by the drummer and composer Shirazette Tinnin.The comedy lineup features a stand-up show hosted by Michelle Buteau and a live show called “I Don’t Think So, Honey!,” hosted by Yang and Matt Rogers, that grew out of a segment on their podcast.The festival is funded by Barry Diller, the mega-mogul who paid for Little Island and whose family foundation will bankroll the first two decades of the park’s operations. It will run from Aug. 11 to Sept. 5. More

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      Broadway’s ‘Music Man’ Names British Producer, Kate Horton, to Replace Rudin

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      Kate Horton will become executive producer of the show, which stars Hugh Jackman and Sutton Foster. It is scheduled to begin performances on Dec. 20.A veteran British theater administrator will take over the day-to-day management of a starry Broadway revival of “The Music Man,” assuming many of the duties previously performed by Scott Rudin.The administrator, Kate Horton, who previously held high-level management positions at the National Theater, Royal Court Theater and Royal Shakespeare Company in England, will become executive producer of “The Music Man,” which stars Hugh Jackman and Sutton Foster, and which is scheduled to begin performances on Dec. 20 and to open Feb. 10.Rudin, who was the revival’s lead producer, departed that role earlier this year, saying he was stepping back from all of his theater and film productions amid renewed scrutiny of his bullying behavior toward subordinates and collaborators.Horton was hired by the business titans Barry Diller and David Geffen, who had been producing the revival alongside Rudin, and who are now the sole lead producers. The production, at the Winter Garden Theater, reunites much of the creative team behind the Tony-winning 2017 revival of “Hello, Dolly!,” led by the director Jerry Zaks.Horton currently runs, with her longtime collaborator Dominic Cooke, a British producing company called Fictionhouse. She was previously deputy executive director of the National Theater, executive director of the Royal Court Theater and commercial director of the Royal Shakespeare Company. She and Rudin both were previously involved with the team behind Little Island, a new park and performance space in New York, but no longer have any role there, a spokeswoman said.Horton declined a request for an interview.“The Music Man,” like many Broadway shows, has been delayed by the pandemic. It was originally scheduled to open last fall. The show sold a large number of tickets before the pandemic; rather than refunding those tickets, as many shows did, the production exchanged them for future seats. During the pandemic, the producers stopped selling new tickets; tickets to the show are going back on sale starting Tuesday.Several other Rudin-related Broadway productions have found new leadership teams. A stage adaptation of “To Kill a Mockingbird” named Orin Wolf as executive producer; the musical “The Book of Mormon” and the play “The Lehman Trilogy” said their existing leadership teams would simply proceed without Rudin. (“The Book of Mormon” is overseen by members of the “South Park” team, while “The Lehman Trilogy” is overseen by Britain’s National Theater.) More

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      ‘I Needed It’: A Well-Timed Outdoor Theater Opens on Little Island

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      The island’s first performances, by Broadway Inspirational Voices choir, were post-pandemic catharsis for both the singers and the audience.The timing could not have been better.After the pandemic drove New Yorkers outdoors for everything from dining to haircuts, a 687-seat al fresco amphitheater opened for its first ticketed shows over the weekend on Little Island, the new oasis on the Hudson River, offering a new place for those tentatively re-emerging into crowds again to gather for open-air performances.The amphitheater opened with an emotionally rousing performance by Broadway Inspirational Voices, a professional choir run by Michael McElroy that is made up of chorus members who sang in Broadway musicals like “Ain’t Too Proud” and “The Lion King” before their theaters were shut down and they were thrust into unemployment.Some cheered, and some wept at the return of sights and sounds that had been in short supply during the many months of strict limitations: of hundreds of people piled into the curved wooden benches of the sleek new amphitheater, few of them masked, watching the sun set over the Hudson as a choir belted out “A Whole New World” from “Aladdin.”Michael McElroy, leader of Broadway Inspirational Voices choir and an artist in residence at Little Island, who started working on the show in January.Vincent Tullo for The New York TimesThe choir, made up of Broadway musical actors, performing at dusk. The audience cheered and wept at the return of live entertainment.Vincent Tullo for The New York TimesAt the show, McElroy urged the audience to reconnect with one another, opening with the line, “After the darkness, there is always the light.”Vincent Tullo for The New York Times“This is the first time that I’ve been here, and I’m overwhelmed,” said Barry Diller, the mega-mogul who paid for Little Island, before entering the amphitheater for Sunday’s performance.Although an outdoor theater was always part of the plan for Little Island, Diller had no idea how useful it would be as the city emerges from a pandemic — offering culture-starved New Yorkers a place for performances as indoor venues slowly begin to come back to life. “It’s the exact right moment,” he said.His family foundation will bankroll the first two decades of the park’s operations, which includes six days a week of arts programming. Without tickets to the amphitheater, visitors can perch themselves atop one of the island’s overlooks to peer down at the performances. Or, if they’re lucky, they can stumble upon one of the artists hired to perform at various spots on the island, like intentionally placed, well-paid buskers.The audience on Sunday. The sun sun set over the Hudson as a choir belted out “A Whole New World” from “Aladdin.”Vincent Tullo for The New York TimesThis weekend’s program was designed as a sort of post-pandemic catharsis for both the singers and the audience, some of whom rose from their seats to sway and clap along with the choir. It was shepherded by McElroy, whose homiletic interludes urged the audience to reconnect with one another, opening with the line, “After the darkness, there is always the light.”The evening of musical theater and gospel music was punctuated with drama and dance — which revolved around the themes of reawakening and reconnection. The actress Phylicia Rashad delivered a monologue about rediscovering the inner child; Daniel J. Watts and Ayodele Casel imitated sounds like thunder and a babbling brook with their tap shoes; Norm Lewis sang a commanding rendition of “Go the Distance” from “Hercules.”“Out of this space of necessary, required isolation, we come into a place that was created for community,” McElroy said in an interview.The evening featured musical theater, as well as gospel music, drama and dance — with themes of reawakening and reconnection. Vincent Tullo for The New York TimesThe show was McElroy’s last major performance with Broadway Inspirational Voices, a group that he founded in 1994, at a time when his friends were dying of AIDS and he saw a need for spiritual healing. Twenty-seven years later, McElroy has decided to leave the group to focus his time on other creative pursuits, as well as to serve as the musical theater chair at the University of Michigan.But first, McElroy wanted to put together a show that filled a new spiritual void created by the current pandemic.So in January, McElroy, an artist in residence at Little Island, started planning for a live concert scheduled for June, not knowing how quickly the city would be able to get vaccinated and return to see live theater. For the initial rehearsals, which happened on Zoom, members of the choir would gather virtually to go over the music and ask questions, then mute themselves when it was time to sing.In May, the choir moved to a spacious recording studio, where they sang socially distanced and masked. And at the end of the month, they started rehearsing in a park, and then eventually, on the island itself, which floats over the Hudson River near West 13th Street.“It’s the exact right moment” for outdoor theater, Barry Diller, the mega-mogul who paid for Little Island, said.Vincent Tullo for The New York Times“We were rehearsing on the faith that we would be able to come together and do this concert,” he said. “It all depended on where the world would be at this time.”While Broadway itself still has a few months to go before it returns in full force, about 60 of the industry’s chorus members were able to get onstage to sing songs from some of the most popular musicals of all time, including “Wicked” and “West Side Story,” as well as some of the newer musicals that were shuttered by the pandemic, including “Hadestown” and “Mrs. Doubtfire.”Watching from the audience, David Plunkett, 52, started out with his mask hanging from his wrist, then alternated between waving it in the air like it was a handkerchief at a church service, and using it to dab at his teary eyes.“I knew I needed it,” he said, “but I didn’t know how much I needed it.” More